The Next Flash Crash Awaits: Why High-Speed Trading Is Still a Huge Threat
Filed under: Investing, Investing Basics, NYSE, Market News
In 2010, when the Dow Jones Industrial Average suddenly dropped 600 points and then just as quickly recovered — the so-called “flash crash”– high-frequency trading, or HFT, became the new economic bogeyman: hiding in a dark corner of financial cyberspace, waiting to jump out and wreak havoc in the markets.
But just as quickly as HFT became infamous, and the subject of intense debate in government and the press, it crept back into the shadows.
An upcoming report from the Commodity Futures…
The Next Flash Crash Awaits: Why High-Speed Trading Is Still a Huge Threat originally appeared on DailyFinance.com on 2012-12-10T07:30:00Z.
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